retail in CA14

Murray Road, Cumbria, Workington, Cumbria, CA14 2AB

Starting Bid
£180,000
Time left:
Bid now

Online auction

Alternatively call 0191 580 1587 or email commercial@pattinson.co.uk

  • Open Plan Retail Area
  • Suitable for Variety of Uses
  • Managers Office
  • Kitchen and W/C
  • Well Located in Cumbria
  • Leasehold Title 999 Years From August 2016
  • VAT Applicable

retail in CA14

FOR SALE BY AUCTION: Terms and conditions apply.

We are pleased to offer to auction this leasehold three storey retail unit. The property provides an open plan sales area to the ground floor with double window display areas and rear loading/unloading area. To the first floor there are two generous storage rooms plus a managers office with safe and staff areas are provided at second floor level including kitchen and mens/womens toilet facilities. The unit has previously been used as retail clothes shop but is suitable for a variety of retail uses including café, beauty salon, hair salon, bakery, sandwich bar as well as offices, showroom, or gymnasium STPP. We are advised VAT is applicable on this property.

Please note we have not inspected this property.

Summary

  • Property Type: Retail
  • Tenure: Leasehold
  • Parking: None

Location

The subject property is well located along Murray Road, Workington. This property is located within easy reach of local amenities, transport links and schools. The subject property is located approximately 0.6 miles from Workington town centre and approximately 45.5 miles from Cumbria city centre.

Workington is the main administrative and financial centre of West Cumbria, with a resident population of circa £30,000 and an estimated local authority catchment of around £100,000, Murray Road is a strong secondary shopping street, positioned close to the Washington Square shopping centre development and Pow Street. Nearby occupiers include Boots, Specsavers, Hays Travel, Greggs, Subway and Cancer Research UK.

Accommodation

Ground Floor:
Retail Area (15.24m x 10.62m):
Double entry doors with window displays to either side. Various racking for display of clothing, spotlighting, till counter, recessed fitting room. Door to a rear area with double exterior doors for loading/unloading. Separate door to internal stairwell.

Internal Stairwell:
Useful store under stairs, which rise to first floor landing

First Floor:
Landing area:
Access to various rooms, inner door leading to a rear landing area with a first floor exit door and stairs to second floor

Office (3.20m x 1.88m):
Window to front, twin safes (untested), desk unit, shelving

Stock room (8.23m x 6.10m):
Three windows to front, various hanging rail units for clothing

Second Floor:
Landing:
Doors to rooms

Stock Room (3.40m x 2.95m):
Two windows to rear, racks for clothing and shelving units

Store Room:
General storage room with no natural light

Kitchen (4.01m x 3.00m):
Staff kitchen with two windows to rear, various cupboards and worktops, single drainer sink unit, water heater, door to staff WC's.

Ladies WC:
Low level WC, hand wash basin and water heater

Gents WC:
Low level WC, hand wash basin and water heater

Tenure

Leasehold title 999 years term from 18 August 2016.
TITLE NUMBER: CU297999

Rateable Value

The adopted rateable value is £34,500 as of 1st April 2017.

Sourced from VOA.

EPC

Available upon request (rating D).

Additional Information

For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

This property is being sold subject to unconditional reservation fee auction terms and conditions.

 

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

 

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

 

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable. 

 

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

 

More Information

For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:  

My bid may be accepted by the seller at any time before the close of the auction.  It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.  

At the point of registration, you will be required to insert credit or debit card details as a way of payment towards the deposit and or reservation fee. We will only hold a nominal amount (which will be stated at the point of bidding) to enable you to bid. This amount will only be debited from your account should you be the successful bidder, in the event you are unsuccessful the agreed amount will be released back to your card within three business days.  If you are the successful bidder we will debit the agreed amount from your account immediately at the close of the auction, we will then contact you to confirm the outstanding balance (if applicable) at which point you can opt to use the same card.  Any amount payable at the close of the auction must be paid within 1 hour.   

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second. 

Each auction will automatically stay open until there has not been a bid for 10 minutes. After 10 minutes without a bid, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last minute (or second) bidding and makes for a fairer auction as in a live room auction situation. 

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity. It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice. 

Minimum online bidding increments: 
Up to £50,000 - £250 minimum bid 
£50,001 to £150,000 - £500 minimum bid 
£150,001 to £250,000 - £1,000 minimum bid 
£250,001 to £1 million - £2,000 minimum bid 
£1 million+ -  £2,500 minimum bid 

Please note this bidding process applies specifically to online auctions. 

There is no legal pack for this property.